Housing in Torreon (Torrance County), NM is very affordable compared to the US Median Value. The Median Value in Torreon is $161,200, significantly lower than the US median value of $338,100. Additionally, the 1 year House Appreciation in Torreon has been much higher than the national average with a rate of 13.83%, compared to 8.27% nationally. This shows that housing in Torreon is a great investment for those looking to purchase a home and benefit from increasing home values.
The median home cost in Torreon (Torrance County) is $161,200. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Torreon (Torrance County) is up 16.7%.
Average Age of Homes
- The median age of Torreon (Torrance County) real estate is 21 years old
The Rental Market in Torreon (Torrance County)
- Renters make up 0.0% of the Torreon (Torrance County) population
- 0.0% of houses and apartments in Torreon (Torrance County), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.